Brazil

Last September, Brazil’s President Luiz Inacio Lula da Silva and his administration showcased a number of climate-friendly policies and initiatives to international audiences. Lula has continued to introduce and amend efforts to make Brazil’s economy greener, allocating billions of dollars to expanding biofuels output and building biorefineries to produce sustainable fuel.

Brazil’s Minas Gerais Governor Romeu Zema rang the bell at the NASDAQ Exchange in New York, launching the Lithium Valley Brazil initiative.

A narrow victory for President Luiz Inacio Lula da Silva means the stage is now set for a troubling transition before the inauguration.